$EWY BEARISH CONTINUATION AFTER REJECTION FROM RECENT HIGHS đ
Entry: 168.00 - 170.00 đ„
Target: 165.80 / 162.50 / 158.00 đ
Stop Loss: 173.50 â ïž
EWY sellers remain firmly in control after a sharp rejection at the $173â175 resistance zone. The breakdown below $170 confirms increasing selling pressure, with structure favoring a move toward $165.80 and lower. Volume is expanding on the daily, and each retest of supply is being met with aggressive short entries.
The risk-to-reward profile here is favorable for a swing short, as long as price stays below the resistance cluster. Are you shorting this breakdown or waiting for a retest first?
Not financial advice. Always manage your risk.
#EWY #BearishSetup #ShortTrade #Continuation
đ
Entry: 168.00 - 170.00 đ„
Target: 165.80 / 162.50 / 158.00 đ
Stop Loss: 173.50 â ïž
EWY sellers remain firmly in control after a sharp rejection at the $173â175 resistance zone. The breakdown below $170 confirms increasing selling pressure, with structure favoring a move toward $165.80 and lower. Volume is expanding on the daily, and each retest of supply is being met with aggressive short entries.
The risk-to-reward profile here is favorable for a swing short, as long as price stays below the resistance cluster. Are you shorting this breakdown or waiting for a retest first?
Not financial advice. Always manage your risk.
#EWY #BearishSetup #ShortTrade #Continuation
đ